Welcome to the updated Financial Sense! We hope you enjoy the new experience.

We have changed payment processors, so any existing renewals will need to be re-subscribed after expiration. You will receive an email when this happens. Also Subscriber Feeds for iTunes and RSS have changed. Visit your Subscriber Features to find updated information.

Watch this video for a quick overview or send us a message using the Contact page. Thank you!

Trump Loves Gold, and Gold Bugs Are Loving Trump

President Trump is widely known for his strong affinity towards gold, and an increasing number of strategists believe his policies are making gold's shine even brighter.

This time on Financial Sense Newshour we spoke with well-known gold analyst John Ing of Maison Placements Canada Inc. about gold’s prospects and his 2019 target for $2,200.

Geopolitical Tensions Feeding Gold

The war drums are beating, Ing stated, and we’re looking at what amounts to a new Cold War. On top of this, there's the uncertainty of a trade war between US and China, the world's two largest economies, and the possibility for Trump pushing harder given perceptions that China has more to lose in such an environment.

“The president is not just saber rattling anymore,” Ing said. “It's tit-for-tat. And it's affecting not only America's biggest competitors but also its neighbors.”

If money continues to flow into gold, pushing it over $1,400, Ing is projecting another major move into gold stocks given their leverage.

“Gold always gets crazy,” he said. “There's always a gold rush, and towards the end of the rush, that's when things get really, really wild and expectations are high. I don't think that will ever change. … It looks like gold is going to break out of that $1,365 ceiling. If it does that, then it should achieve my $2,200 target within 18 months.”

For more information about Financial Sense® Wealth Management and our current investment strategies, click here. For a free trial to our FS Insider podcast, click here.